Earnings, PMI Lift British Equities

FTSE 100 up 0.6; FTSE 250 up 0.2 Unilever up after Q3 results British prelim flash PMI down to 51.7 in Oct Oct 24 Reuters London39;s main stock indexes rose on Thursday, buoyed by upbeat corporate earnings and key economic data released earlier in the day, which bolstered bets of more Bank of England rate […]
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Bears Circle Chinas Yuan Gearing for Trump Win

Yuan hit by Trump39;s potential White House return, trade tariff threats Chinese exporters hoard dollars, stashing money abroad Authorities prefer weak yuan to protect export revenues SINGAPORE, Oct 24 Reuters China39;s currency is feeling the pressure from a possible return of Donald Trump as U.S. president, not just from speculators shorting the currency but also […]
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China Property Developer Jiayuan to be Delisted on Oct 29

HONG KONG, Oct 24 Reuters Chinese property developer Jiayuan International said the Hong Kong stock exchange has decided its shares will be delisted on Oct. 29 after the company did not meet guidelines for the shares to resume trading by an 18month deadline. Jiayuan was one of the first Chinese property developers ordered by the Hong […]
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Expert Technical Fundamental Insights 24.10.2024

  EURUSD EURUSD traded slightly higher today after it fell yesterday to 1.0760, the lowest since early July, stable now at 1.0791. Consumer confidence in EZ remained negative in October at 12.5. Busy way ahead from EZ with the release of PMI numbers in services manufacturing from Germany, France EZ. USD strength remained robust. Traders […]
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Most Gulf Markets Dip on Regional Tensions; Dubai Gains

Oct 24 Reuters Most major stock markets in the Gulf eased in the early trade on Thursday as geopolitical tensions in the region kept investors on their toes, although the Dubai index bucked the trend to trade higher. Israel launched strikes on the Syrian capital Damascus and a military site near the western city of Homs on […]
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